Here's the meat of Pennsylvania Republican Senator-elect Pat Toomey's acceptance speech, following the long list of thank you's to friends, supporters and staff, delivered at about 12:15 a.m. at the Presidential ballroom at the Holiday Inn in Fogelsville.

“Today we send a simple clear message to the establishment in Washington. We are tired of what has been going on down there. We are tired and we are going to chart a new course.”

"We are going to chart a course, we are going to grow this economy, we are going to create jobs, we are going to reduce the debt and the deficit and in the process we are going to create a more promising future for our kids and our grandkids.”

There is no reason that we don’t have a booming economy, we have all the fundamental assets of a great, great economy. We need to have that strong recovery and the job creation that goes with it. We can do that, but we’ve got to do it by going down a different path. We’ve got to end the threats of the excessive government regulations and the huge out of control role Washington has begun to play. We’ve got to get spending under control because we can’t borrow and spend our way to prosperity and we ought to make the 2003 tax cuts permanent for everyone.

We’ve got to remember a very fundamental and important truth. That is Governments don’t create wealth. Governments can destroy wealth and governments can redistribute weath, but wealth and opportunity and prosperity come from ordinary men and women who get up everyday and go to work. They make the things we need and provide the services that we value. It’s the voluntary exchange of free people in a free society that have lifted more people out of poverty and created more opportunity than any other system in the world and if we remember that we are going to have a strong economic recovery and the job growth we need.”

I also want to note that the victory tonight, we shouldn’t think of this as a partisan thing. The fact is, in order to win, I neded to have the support of Republicans, Democrats and Independents. And we did have that broad support. We are all in this together, we are all Americans and I will be the senator for all Pennsylvanians.”

Specifically I want to extend a hand, my hand, to President Obama. And it’s important to remember that President Obama is not our opponent, he is our president. And I want to work with Senator Casey and I will work with anyone on either side of the aisle who is ready to do the hard work of making sure we can have the kind of economic growth and prosperity we deserve.

I want to tell you travelling across this great Commonwealth,from Pittsburgh to Pike County from the shores of Lake Erie to the downtown shops of Easton, to the big bustling city of Philadelphia to the rolling farmland in the central part of the state, this is a big, beautiful, diverse state. It reminded me and reinforced in me the conviction that we have the people, we have the perseverance, we have the entrepreneurship, the innovative spirit, we have the work ethic we need to have a great recovery and to be a strong and successful state and a great country. I have seen the evidence all across the commonwealth.

I still believe as I always have that America is still that shining city on a hill and the 21st century can be another great American Century. We just need to remember the source of our greatness. But it can be a Century in which the American people continue to inspire the rest of the world with our commitment to freedom. It can be a century in which we continue to lead the world with the strongest economy and the greatest level of prosperity in the world, and most importantly it can be a century in which we continue the great American tradition of turning over to our kids and grandkids an even greater country than the one we grew up in. We can do this together. Thank you for all your support, thank you Pennsylvania. “

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